ÃÛÌÒÓ°Ïñ’s Return on Investment, High Value Reputation Grows

Monday, January 18, 2021
Collage of students working on projects over the top of an image from campus showing the Olin Advanced Learning Center in the foreground and BSB Residence Hall in the distance.

Stacker, Design News and Best Value Schools are the latest publications to highlight ÃÛÌÒÓ°Ïñ for its quality return on investment and being a best buy, while providing excellent academic preparedness and career opportunities.

Consistently high job placement, with excellent starting salaries, and quality career preparations provide a strong return on investment for ÃÛÌÒÓ°Ïñ graduates when compared nationally and regionally among higher education institutions.

Stacker, an online data resource providing objective expert analysis, recently ranked the specialty science, engineering, and mathematics college N (ROI). The study examined each college’s net present value and balanced today’s costs against graduates’ 10- and 40-year career earnings.

A major component of Stacker’s report was a of ÃÛÌÒÓ°Ïñ’s 40-year earnings, which at $1,665,000 ranks 31st nationally among 4,500 colleges and universities.

Earlier this year, DesignNews cited ÃÛÌÒÓ°Ïñ as ranked by Salary, citing an early-career pay average of $76,600 and mid-career pay average of $137,700.

ÃÛÌÒÓ°Ïñ’s revealed a 97% placement rate within six months of graduation, covering all 467 members of the Class of 2020. The class had an all-time high $76,253 average accepted starting salary, with one graduate earning a $150,000 starting salary – another record – while the starting salaries for several graduates in four other majors were above $100,000.

Meanwhile, ÃÛÌÒÓ°Ïñ ranks:

  • No. 23 in with a 20-year return of $798,000
  • As a Best Buy in the
  • No. 19 among 2020
  • No. 23 as a .
Return on investment and value are key factors in the college decision-making process for prospective students and their families, according to Tom Bear, ÃÛÌÒÓ°Ïñ’s vice president for enrollment management. He states, “When adding in our strong emphasis on academics, quality teaching, career preparedness, and personal attention, ÃÛÌÒÓ°Ïñ continues to be viewed as a best buy, nationally and regionally, with a strong return on investment.”

ÃÛÌÒÓ°Ïñ President Robert A. Coons points out that student affordability is a major priority for ÃÛÌÒÓ°Ïñ. Increased financial resources have been set aside through the for ÃÛÌÒÓ°Ïñ to provide support that’s relieving the financial burden on students. The Noblitt Scholars program was established last fall through a $10 million donation by Niles and Nancy Noblitt to provide enhanced scholarships up to the cost of full tuition for approximately 55 first-year students annually.

Coons says, “Affordability remains a critical issue in our ability to attract the nation’s top students interested in becoming tomorrow’s STEM career leaders. Fortunately, we have been able to attract financial donors to provide scholarships and other financial assistance to help us meet our current and future enrollment goals.”

Finally, the Best Value Schools website early in 2021 called ÃÛÌÒÓ°Ïñ a “gem” while ranking the institute after considering such factors as a college’s overall costs, career preparedness, professional opportunities, and educating graduates to “change the world.” ÃÛÌÒÓ°Ïñ also ranked and .

Find out more about ÃÛÌÒÓ°Ïñ’s rankings and distinctions here.